0001450011-24-000267.txt : 20240227
0001450011-24-000267.hdr.sgml : 20240227
20240227132624
ACCESSION NUMBER: 0001450011-24-000267
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240227
DATE AS OF CHANGE: 20240227
PERIOD START: 20240630
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PIMCO ETF Trust
CENTRAL INDEX KEY: 0001450011
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-22250
FILM NUMBER: 24684792
BUSINESS ADDRESS:
STREET 1: 650 NEWPORT CENTER DRIVE
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
BUSINESS PHONE: 949.720.6000
MAIL ADDRESS:
STREET 1: 650 NEWPORT CENTER DRIVE
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
0001450011
S000078313
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
C000239077
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
PRFD
NPORT-P
1
primary_doc.xml
NPORT-P
false
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S000078313
C000239077
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811-22250
0001450011
5493004M9TBGFQUJ6D27
650 Newport Center Drive
Newport Beach
92660
(888) 400-4383
PIMCO Preferred and Capital Securities Active Exchange-Traded Fund
S000078313
549300XBG0GWIQBZLV45
2024-06-30
2023-12-31
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0.000000
0.000000
0.000000
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0.000000
0.000000
729613.780000
EUR
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ALLY FINANCIAL INC
549300JBN1OSM8YNAI90
ALLY FINANCIAL INC JR SUBORDINA 12/99 VAR
02005NBN9
1416000.000000
NS
USD
968657.280000
1.237
Long
EP
CORP
US
N
2
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR
29273VAJ9
846000.000000
NS
USD
710445.420000
0.90726
Long
EP
CORP
US
N
2
N
N
N
AIRCASTLE LIMITED
549300PNK8AKY3OIKP58
AIRCASTLE LTD JR SUBORDINA 144A 12/99 VAR
00928QAW1
771000.000000
NS
USD
663237.330000
0.846974
Long
EP
CORP
BM
N
2
N
N
N
INTESA SANPAOLO SPA
2W8N8UU78PMDQKZENC08
INTESA SANPAOLO SPA COMPANY GUAR 144A 12/49 VAR
46115HAU1
400000.000000
PA
USD
394043.200000
0.503205
Long
DBT
CORP
IT
N
2
2025-09-17
Floating
7.7
N
N
N
N
N
N
SVB FINANCIAL GROUP
549300D2KJ20JMXE7542
SVB FINANCIAL GROUP JR SUBORDINA 12/99 VAR
78486QAG6
1200000.000000
NS
USD
13128.000000
0.0167649
Long
EP
CORP
US
N
2
N
N
N
PRUDENTIAL FINANCIAL INC
5PRBRS5FEH7NREC8OR45
PRUDENTIAL FINANCIAL INC JR SUBORDINA 03/52 VAR
744320BJ0
700000.000000
PA
USD
659571.920000
0.842293
Long
DBT
CORP
US
N
2
2052-03-01
Floating
5.125
N
N
N
N
N
N
CHARLES SCHWAB CORP/THE
549300VSGCJ7E698NM85
CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR
808513BD6
600000.000000
NS
USD
592716.000000
0.756916
Long
EP
CORP
US
N
2
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS GROUP AG JR SUBORDINA 144A 12/99 VAR
902613BF4
300000.000000
PA
USD
324383.100000
0.414247
Long
DBT
CORP
CH
N
2
2028-11-13
Floating
9.25
N
N
N
N
N
N
BANK OF AMERICA CORPORATION
9DJT3UXIJIZJI4WXO774
BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR
060505GB4
1333000.000000
NS
USD
1194141.390000
1.52495
Long
EP
CORP
US
N
2
N
N
N
LLOYDS BANKING GROUP PLC
549300PPXHEU2JF0AM85
LLOYDS BANKING GROUP PLC JR SUBORDINA 04/49 VAR
539439AG4
982000.000000
PA
USD
973512.940000
1.24321
Long
DBT
CORP
GB
N
2
2024-06-27
Floating
7.5
N
N
N
N
Y
LLOYDS BANKING GROUP PLC
LLOYDS BANKING GROUP PLC
GBP
XXXX
N
N
N
DANSKE BANK A/S
MAES062Z21O4RZ2U7M96
DANSKE BANK A/S JR SUBORDINA REGS 12/99 VAR
BDZSR3II8
300000.000000
PA
USD
296263.500000
0.378337
Long
DBT
CORP
DK
N
2
2025-06-26
Floating
7
N
N
N
N
Y
DANSKE BANK A/S
DANSKE BANK A/S
DKK
XXXX
N
N
N
BANK OF AMERICA CORPORATION
9DJT3UXIJIZJI4WXO774
BANK OF AMERICA CORP JR SUBORDINA 12/49 VAR
060505ED2
1100000.000000
NS
USD
1102255.000000
1.40761
Long
EP
CORP
US
N
2
N
N
N
ENBRIDGE INC
98TPTUM4IVMFCZBCUR27
ENBRIDGE INC SUBORDINATED 07/80 VAR
29250NBC8
715000.000000
PA
USD
660892.380000
0.843979
Long
DBT
CORP
CA
N
2
2080-07-15
Floating
5.75
N
N
N
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR
949746TD3
651000.000000
NS
USD
602077.350000
0.768871
Long
EP
CORP
US
N
2
N
N
N
SCE TRUST VII
N/A
SCE TRUST VII PREFERRED STOCK 7.5
783892201
12000.000000
NS
USD
314460.000000
0.401575
Long
EP
CORP
US
N
2
N
N
N
N/A
N/A
US 10YR ULTRA FUT MAR24 XCBT 20240319
000000000
12.000000
NC
USD
45109.640000
0.0576064
N/A
DIR
US
N
2
CHICAGO BOARD OF TRADE
549300EX04Q2QBFQTQ27
Long
N/A
UNITED STATES GOVT
2024-03-19
1413281.260000
USD
45109.640000
N
N
N
ENTERPRISE PRODUCTS OPERATING LLC
5493004LGN656HWLDA30
ENTERPRISE PRODUCTS OPER COMPANY GUAR 02/78 VAR
29379VBR3
735000.000000
PA
USD
660574.050000
0.843573
Long
DBT
CORP
US
N
2
2078-02-15
Floating
5.375
N
N
N
N
N
N
CHARLES SCHWAB CORP/THE
549300VSGCJ7E698NM85
CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR
808513BJ3
2336000.000000
NS
USD
1854129.920000
2.36778
Long
EP
CORP
US
N
2
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
BARCLAYS PLC JR SUBORDINA 12/99 8
06738EBX2
842000.000000
PA
USD
828454.160000
1.05796
Long
DBT
CORP
GB
N
2
2029-03-15
Floating
8
N
N
N
N
Y
BARCLAYS PLC
BARCLAYS PLC
GBP
XXXX
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
MORGAN STANLEY JR SUBORDINA VAR
61762VAA9
400000.000000
NS
USD
382292.000000
0.488198
Long
EP
CORP
US
N
2
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR
38141GA38
1139000.000000
NS
USD
1190129.710000
1.51983
Long
EP
CORP
US
N
2
N
N
N
GLOBAL ATLANTIC (FIN) COMPANY
N/A
GLOBAL ATLANTIC FIN CO COMPANY GUAR 144A 10/29 4.4
37959GAA5
586000.000000
PA
USD
540145.100000
0.689782
Long
DBT
CORP
US
N
2
2029-10-15
Fixed
4.4
N
N
N
N
N
N
SOUTHERN CO
549300FC3G3YU2FBZD92
SOUTHERN CO JR SUBORDINA 09/51 VAR
842587DJ3
1448000.000000
PA
USD
1322035.440000
1.68828
Long
DBT
CORP
US
N
2
2051-09-15
Floating
3.75
N
N
N
N
N
N
THE PROGRESSIVE CORPORATION
529900TACNVLY9DCR586
PROGRESSIVE CORP JR SUBORDINA 12/99 VAR
743315AU7
300000.000000
NS
USD
299379.000000
0.382316
Long
EP
CORP
US
N
2
N
N
N
US BANCORP
N1GZ7BBF3NP8GI976H15
US BANCORP JR SUBORDINA 12/99 VAR
902973AZ9
988000.000000
NS
USD
886710.240000
1.13236
Long
EP
CORP
US
N
2
N
N
N
MITSUBISHI UFJ FINANCIAL GROUP INC (MUFG)
353800V2V8PUY9TK3E06
MITSUBISHI UFJ FIN GRP JR SUBORDINA 12/99 VAR
606822DD3
800000.000000
PA
USD
869994.400000
1.11101
Long
DBT
CORP
JP
N
2
2029-01-15
Floating
8.2
N
N
N
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS GROUP AG SR UNSECURED 144A 11/33 VAR
225401BB3
762000.000000
PA
USD
937276.200000
1.19693
Long
DBT
CORP
CH
N
2
2033-11-15
Floating
9.016
N
N
N
N
N
N
JP MORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR
48128BAD3
700000.000000
NS
USD
699272.000000
0.892991
Long
EP
CORP
US
N
2
N
N
N
JP MORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMORGAN CHASE + CO JR SUBORDINA 01/49 VAR
46625HJQ4
700000.000000
NS
USD
700476.000000
0.894529
Long
EP
CORP
US
N
2
N
N
N
ALLSTATE CORP
OBT0W1ED8G0NWVOLOJ77
ALLSTATE CORP SUBORDINATED 08/53 VAR
020002BB6
646000.000000
PA
USD
642649.680000
0.820683
Long
DBT
CORP
US
N
2
2053-08-15
Floating
8.57933
N
N
N
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP PARIBAS JR SUBORDINA 144A 12/99 VAR
05565ASK0
980000.000000
PA
USD
791817.360000
1.01117
Long
DBT
CORP
FR
N
2
2031-02-25
Floating
4.625
N
N
N
N
N
N
AMERICAN ELECTRIC POWER COMPANY INC
1B4S6S7G0TW5EE83BO58
AMERICAN ELECTRIC POWER JR SUBORDINA 02/62 VAR
025537AU5
368000.000000
PA
USD
310693.860000
0.396765
Long
DBT
CORP
US
N
2
2062-02-15
Floating
3.875
N
N
N
N
N
N
PNC FINANCIAL SERVICES GROUP INC
CFGNEKW0P8842LEUIA51
PNC FINANCIAL SERVICES JR SUBORDINA 05/49 VAR
693475AM7
200000.000000
NS
USD
200348.000000
0.25585
Long
EP
CORP
US
N
2
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NATWEST GROUP PLC JR SUBORDINA 12/99 VAR
780097BQ3
300000.000000
PA
USD
290792.490000
0.371351
Long
DBT
CORP
GB
N
2
2025-12-29
Floating
6
N
N
N
N
Y
NATWEST GROUP PLC
NATWEST GROUP PLC
GBP
XXXX
N
N
N
EDISON INTERNATIONAL
549300I7ROF15MAEVP56
EDISON INTERNATIONAL JR SUBORDINA 12/99 VAR
281020AT4
719000.000000
NS
USD
675694.630000
0.862882
Long
EP
CORP
US
N
2
N
N
N
TRANSCANADA TRUST
549300Y0MFCAXLBWUV51
TRANSCANADA TRUST COMPANY GUAR 03/82 VAR
89356BAG3
436000.000000
PA
USD
365801.170000
0.467139
Long
DBT
CORP
CA
N
2
2082-03-07
Floating
5.6
N
N
N
N
N
N
N/A
N/A
US 10YR NOTE (CBT)MAR24 XCBT 20240319
000000000
-18.000000
NC
USD
-47602.930000
-0.0607904
N/A
DIR
US
N
2
CHICAGO BOARD OF TRADE
549300EX04Q2QBFQTQ27
Short
N/A
UNITED STATES GOVT
2024-03-19
-2029078.120000
USD
-47602.930000
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP PARIBAS BNP PARIBAS
05565AM34
400000.000000
PA
USD
409308.000000
0.522699
Long
DBT
CORP
FR
N
2
2029-08-16
Floating
7.75
N
N
N
N
N
N
INTESA SANPAOLO SPA
2W8N8UU78PMDQKZENC08
INTESA SANPAOLO SPA SR UNSECURED 144A 11/33 VAR
46115HBV8
1074000.000000
PA
USD
1166329.870000
1.48944
Long
DBT
CORP
IT
N
2
2033-11-21
Floating
8.248
N
N
N
N
N
N
TORONTO-DOMINION BANK
PT3QB789TSUIDF371261
TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR
89117F8Z5
628000.000000
PA
USD
655185.490000
0.836692
Long
DBT
CORP
CA
N
2
2082-10-31
Floating
8.125
N
N
N
N
Y
TORONTO-DOMINION BANK
TORONTO-DOMINION BANK
CAD
XXXX
N
N
N
NEXTERA ENERGY CAPITAL HOLDINGS INC
UMI46YPGBLUE4VGNNT48
NEXTERA ENERGY CAPITAL COMPANY GUAR 03/82 VAR
65339KCB4
300000.000000
PA
USD
255606.720000
0.326418
Long
DBT
CORP
US
N
2
2082-03-15
Floating
3.8
N
N
N
N
N
N
VOYA FINANCIAL INC
549300T065Z4KJ686G75
VOYA FINANCIAL INC COMPANY GUAR 01/48 VAR
929089AF7
1136000.000000
PA
USD
935985.280000
1.19528
Long
DBT
CORP
US
N
2
2048-01-23
Floating
4.7
N
N
N
N
N
N
N/A
N/A
PARIBAS REPO
000000000
3100000.000000
PA
USD
3100000.000000
3.95879
Long
RA
US
N
2
Repurchase
N
5.450000
2024-01-02
3583200.000000
USD
3154965.600000
USD
UST
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
SOCIETE GENERALE JR SUBORDINA 144A 12/99 VAR
83370RAC2
484000.000000
PA
USD
507531.110000
0.648133
Long
DBT
CORP
FR
N
2
2027-11-22
Floating
9.375
N
N
N
N
N
N
N/A
N/A
EURO-BOBL FUTURE MAR24 XEUR 20240307
000000000
-10.000000
NC
-21372.030000
-0.0272927
N/A
DIR
DE
N
1
EUREX DEUTSCHLAND
529900UT4DG0LG5R9O07
Short
N/A
GERMANY GOVT
2024-03-07
-1316791.740000
EUR
-21372.030000
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NATWEST GROUP PLC JR SUBORDINA 12/49 VAR
780099CK1
772000.000000
PA
USD
775284.860000
0.990062
Long
DBT
CORP
GB
N
2
2025-08-10
Floating
8
N
N
N
N
Y
NATWEST GROUP PLC
NATWEST GROUP PLC
GBP
XXXX
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP PARIBAS JR SUBORDINA 144A 12/99 VAR
05565A5R0
699000.000000
PA
USD
733757.080000
0.93703
Long
DBT
CORP
FR
N
2
2028-08-14
Floating
8.5
N
N
N
N
Y
BNP PARIBAS
BNP PARIBAS
EUR
XXXX
N
N
N
CREDIT SUISSE GROUP AG
549300506SI9CRFV9Z86
CS AT1 CLAIMS US225401AX66 CREDIT SUISSE GROUP AG
952NPJ000
800000.000000
PA
USD
96000.000000
0.122595
Long
DBT
CORP
US
N
2
2060-12-31
None
0
N
N
N
N
N
N
PNC FINANCIAL SERVICES GROUP INC
CFGNEKW0P8842LEUIA51
PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR
693475BP9
1139000.000000
NS
USD
1064862.490000
1.35986
Long
EP
CORP
US
N
2
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC HOLDINGS PLC JR SUBORDINA 12/99 VAR
404280BP3
300000.000000
PA
USD
290112.240000
0.370482
Long
DBT
CORP
GB
N
2
2028-03-23
Floating
6.5
N
N
N
N
Y
HSBC HOLDINGS PLC
HSBC HOLDINGS PLC
GBP
XXXX
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
BANCO SANTANDER SA JR SUBORDINA 12/99 VAR
05971KAQ2
600000.000000
PA
USD
657000.000000
0.839009
Long
DBT
CORP
ES
N
2
2033-05-21
Floating
9.625
N
N
N
N
Y
BANCO SANTANDER SA
BANCO SANTANDER SA
EUR
XXXX
N
N
N
ELECTRICITE DE FRANCE SA (EDF)
549300X3UK4GG3FNMO06
ELECTRICITE DE FRANCE SA JR SUBORDINA 144A 12/99 VAR
28504KAA5
1215000.000000
PA
USD
1359478.080000
1.73609
Long
DBT
CORP
FR
N
2
2033-03-15
Floating
9.125
N
N
N
N
N
N
EQUITABLE HOLDINGS INC
549300FIBAKMNHPZ4009
EQUITABLE HOLDINGS INC JR SUBORDINA 12/99 VAR
29452EAA9
331000.000000
NS
USD
319851.920000
0.408461
Long
EP
CORP
US
N
2
N
N
N
THE BANK OF NOVA SCOTIA
L3I9ZG2KFGXZ61BMYR72
BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR
0641598S8
200000.000000
PA
USD
208281.400000
0.265982
Long
DBT
CORP
CA
N
2
2082-10-27
Floating
8.625
N
N
N
N
Y
THE BANK OF NOVA SCOTIA
BANK OF NOVA SCOTIA
CAD
XXXX
N
N
N
ING GROEP NV
549300NYKK9MWM7GGW15
ING GROEP NV JR SUBORDINA REGS 12/99 VAR
N4578EKH0
1940000.000000
PA
USD
1933107.180000
2.46864
Long
DBT
CORP
NL
N
2
2024-04-16
Floating
6.75
N
N
N
N
Y
ING GROEP NV
ING GROEP NV
EUR
XXXX
N
N
N
AMERICAN EXPRESS COMPANY
R4PP93JZOLY261QX3811
AMERICAN EXPRESS CO JR SUBORDINA 12/99 VAR
025816CH0
400000.000000
NS
USD
343508.000000
0.43867
Long
EP
CORP
US
N
2
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
WELLS FARGO + COMPANY JR SUBORDINA 12/49 VAR
949746RG8
600000.000000
NS
USD
596982.000000
0.762364
Long
EP
CORP
US
N
2
N
N
N
METLIFE CAPITAL TRUST IV
N/A
METLIFE CAPITAL TRUST IV JR SUBORDINA 144A 12/67 7.875
591560AA5
1000000.000000
PA
USD
1076577.410000
1.37482
Long
DBT
CORP
US
N
2
2067-12-15
Floating
7.875
N
N
N
N
N
N
UNITED STATES GOVT
254900HROIFWPRGM1V77
US TREASURY N/B 05/53 3.625
912810TR9
196000.000000
PA
USD
181254.060000
0.231467
Long
DBT
UST
US
N
2
2053-05-15
Fixed
3.625
N
N
N
N
N
N
N/A
N/A
SOLD EUR BOUGHT USD 20240109
000000000
1.000000
NC
-16133.180000
-0.0206026
N/A
DFE
N/A
N
2
MORGAN STANLEY & CO. INTERNATIONAL PLC
4PQUHN3JPFGFNF3BB653
3174000.000000
EUR
3488612.590000
USD
2024-01-09
-16133.180000
N
N
N
METLIFE INC
C4BXATY60WC6XEOZDX54
METLIFE INC JR SUBORDINA 12/99 VAR
59156RBT4
1074000.000000
NS
USD
1055398.320000
1.34778
Long
EP
CORP
US
N
2
N
N
N
PRUDENTIAL FINANCIAL INC
5PRBRS5FEH7NREC8OR45
PRUDENTIAL FINANCIAL INC JR SUBORDINA 09/52 VAR
744320BK7
1018000.000000
PA
USD
1015643.740000
1.29701
Long
DBT
CORP
US
N
2
2052-09-01
Floating
6
N
N
N
N
N
N
DUKE ENERGY CORPORATION
I1BZKREC126H0VB1BL91
DUKE ENERGY CORP JR SUBORDINA 01/82 VAR
26441CBP9
577000.000000
PA
USD
449046.440000
0.573446
Long
DBT
CORP
US
N
2
2082-01-15
Floating
3.25
N
N
N
N
N
N
THE BANK OF NOVA SCOTIA
L3I9ZG2KFGXZ61BMYR72
BANK OF NOVA SCOTIA JR SUBORDINA 10/81 VAR
0641598N9
979000.000000
PA
USD
754256.940000
0.963209
Long
DBT
CORP
CA
Y
2
2081-10-27
Floating
3.625
N
N
N
N
Y
THE BANK OF NOVA SCOTIA
BANK OF NOVA SCOTIA
CAD
XXXX
N
N
N
PLAINS ALL AMERICAN PIPELINE LP
5521FA2ITF25TVH63740
PLAINS ALL AMERICAN PIPE JR SUBORDINA 12/99 VAR
726503AE5
698000.000000
PA
USD
677932.500000
0.86574
Long
DBT
CORP
US
N
2
2024-02-05
Floating
9.75133
N
N
N
N
N
N
N/A
N/A
US 5YR NOTE (CBT) MAR24 XCBT 20240328
000000000
-73.000000
NC
USD
-130273.160000
-0.166363
N/A
DIR
US
N
2
CHICAGO BOARD OF TRADE
549300EX04Q2QBFQTQ27
Short
N/A
UNITED STATES GOVT
2024-03-28
-7933902.360000
USD
-130273.160000
N
N
N
BARCLAYS PLC
213800LBQA1Y9L22JB70
BARCLAYS PLC JR SUBORDINA 12/99 VAR
06738ECN3
600000.000000
PA
USD
624750.000000
0.797825
Long
DBT
CORP
GB
N
2
2029-12-15
Floating
9.625
N
N
N
N
Y
BARCLAYS PLC
BARCLAYS PLC
GBP
XXXX
N
N
N
UNITED STATES GOVT
254900HROIFWPRGM1V77
US TREASURY N/B 11/42 4
912810TM0
1952000.000000
PA
USD
1897633.750000
2.42334
Long
DBT
UST
US
N
2
2042-11-15
Fixed
4
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
CITIGROUP INC JR SUBORDINA 12/99 VAR
172967MU2
971000.000000
NS
USD
897019.510000
1.14552
Long
EP
CORP
US
N
2
N
N
N
BRITISH TELECOMMUNICATIONS PLC
549300OWFMSO9NYV4H90
BRITISH TELECOMMUNICATIO COMPANY GUAR 144A 11/81 VAR
11102AAG6
325000.000000
PA
USD
279091.440000
0.356408
Long
DBT
CORP
GB
N
2
2081-11-23
Floating
4.875
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
CITIGROUP INC JR SUBORDINA 12/99 VAR
172967PC9
1031000.000000
NS
USD
1046526.860000
1.33645
Long
EP
CORP
US
N
2
N
N
N
UNICREDIT SPA
549300TRUWO2CD2G5692
UNICREDIT SPA SUBORDINATED 144A 06/35 VAR
904678AS8
906000.000000
PA
USD
853172.520000
1.08953
Long
DBT
CORP
IT
N
2
2035-06-30
Floating
5.459
N
N
N
N
N
N
DEUTSCHE BANK AG/NEW YORK BRANCH
7LTWFZYICNSX8D621K86
DEUTSCHE BANK NY SUBORDINATED 07/31 VAR
25160PAE7
300000.000000
PA
USD
291423.980000
0.372157
Long
DBT
CORP
DE
N
2
2031-07-08
Floating
5.882
N
N
N
N
N
N
SEMPRA
PBBKGKLRK5S5C0Y4T545
SEMPRA JR SUBORDINA 04/52 VAR
816851BM0
1120000.000000
PA
USD
966749.060000
1.23457
Long
DBT
CORP
US
N
2
2052-04-01
Floating
4.125
N
N
N
N
N
N
COREBRIDGE FINANCIAL INC
549300XY1661QCIA7J65
COREBRIDGE FINANCIAL INC JR SUBORDINA 12/52 VAR
21871XAP4
643000.000000
PA
USD
641687.400000
0.819454
Long
DBT
CORP
US
N
2
2052-12-15
Floating
6.875
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
CITIGROUP INC JR SUBORDINA 12/99 VAR
172967PE5
210000.000000
NS
USD
214439.400000
0.273846
Long
EP
CORP
US
N
2
N
N
N
N/A
N/A
SOLD EUR BOUGHT USD 20240109
000000000
1.000000
NC
-176.990000
-0.000226
N/A
DFE
N/A
N
2
State Street Bank and Trust Company
571474TGEMMWANRLN572
11000.000000
EUR
11969.260000
USD
2024-01-09
-176.990000
N
N
N
BURFORD CAPITAL GLOBAL FINANCE LLC
549300JVAOO67CSCH406
BURFORD CAPITAL GLBL FIN COMPANY GUAR 144A 07/31 9.25
12116LAE9
695000.000000
PA
USD
739514.750000
0.944383
Long
DBT
CORP
US
N
2
2031-07-01
Fixed
9.25
N
N
N
N
N
N
SOCIETE GENERALE
O2RNE8IBXP4R0TD8PU41
SOCIETE GENERALE JR SUBORDINA 144A 12/99 VAR
83371GAA9
200000.000000
PA
USD
214202.800000
0.273543
Long
DBT
CORP
FR
N
2
2028-11-14
Floating
10
N
N
N
N
N
N
BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA)
K8MS7FD7N5Z2WQ51AZ71
BANCO BILBAO VIZCAYA ARG JR SUBORDINA 12/99 VAR
05946KAM3
1061000.000000
PA
USD
1137484.310000
1.4526
Long
DBT
CORP
ES
N
2
2029-03-19
Floating
9.375
N
N
N
N
Y
BANCO BILBAO VIZCAYA ARGENTARIA SA (BBVA)
BANCO BILBAO VIZCAYA ARGENTA
EUR
XXXX
N
N
N
UBS GROUP AG
549300SZJ9VS8SGXAN81
UBS GROUP AG JR SUBORDINA 144A 12/99 VAR
902613BE7
200000.000000
PA
USD
222153.000000
0.283696
Long
DBT
CORP
CH
N
2
2033-11-13
Floating
9.25
N
N
N
N
N
N
CMS ENERGY CORPORATION
549300IA9XFBAGNIBW29
CMS ENERGY CORP JR SUBORDINA 12/50 VAR
125896BV1
700000.000000
PA
USD
555914.940000
0.70992
Long
DBT
CORP
US
N
2
2050-12-01
Floating
3.75
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
MORGAN STANLEY SUBORDINATED 01/38 VAR
61747YFB6
1501000.000000
PA
USD
1518605.680000
1.93931
Long
DBT
CORP
US
N
2
2038-01-19
Floating
5.948
N
N
N
N
N
N
LLOYDS BANKING GROUP PLC
549300PPXHEU2JF0AM85
LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR
53944YAV5
1333000.000000
PA
USD
1338995.830000
1.70994
Long
DBT
CORP
GB
N
2
2029-09-27
Floating
8
N
N
N
N
Y
LLOYDS BANKING GROUP PLC
LLOYDS BANKING GROUP PLC
GBP
XXXX
N
N
N
DEUTSCHE BANK AG/NEW YORK BRANCH
7LTWFZYICNSX8D621K86
DEUTSCHE BANK NY SUBORDINATED 02/34 VAR
251526CT4
489000.000000
PA
USD
503114.650000
0.642493
Long
DBT
CORP
DE
N
2
2034-02-10
Floating
7.079
N
N
N
N
N
N
BANCO SANTANDER SA
5493006QMFDDMYWIAM13
BANCO SANTANDER SA JR SUBORDINA 12/99 VAR
05971KAP4
200000.000000
PA
USD
214788.400000
0.274291
Long
DBT
CORP
ES
N
2
2028-11-21
Floating
9.625
N
N
N
N
Y
BANCO SANTANDER SA
BANCO SANTANDER SA
EUR
XXXX
N
N
N
HSBC CAPITAL FUNDING (DOLLAR 1) LP
213800HMY2DB765NHE46
HSBC CAPITAL FUNDING USD COMPANY GUAR 144A 12/49 VAR
40427LAB0
417000.000000
PA
USD
530389.810000
0.677324
Long
DBT
CORP
JE
N
2
2030-06-30
Floating
10.176
N
N
N
N
N
N
UNITED STATES GOVT
254900HROIFWPRGM1V77
TREASURY BILL 04/24 0.00000
912797JN8
500000.000000
PA
USD
492411.810000
0.628825
Long
DBT
UST
US
N
2
2024-04-16
None
0
N
N
N
N
N
N
COOPERATIEVE RABOBANK UA (AKA: RABOBANK NEDERLAND)
DG3RU1DBUFHT4ZF9WN62
COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/99 VAR
ACI24Q0C3
1800000.000000
PA
1799179.320000
2.29761
Long
DBT
CORP
NL
N
2
2029-06-29
Floating
4.875
N
N
N
N
N
N
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG (MUNICHRE)
529900MUF4C20K50JS49
MUNICH RE SUBORDINATED 144A 05/42 VAR
62582PAA8
400000.000000
PA
USD
402000.000000
0.513366
Long
DBT
CORP
DE
N
2
2042-05-23
Floating
5.875
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
ENERGY TRANSFER LP JR SUBORDINA 12/99 VAR
29273VAM2
400000.000000
NS
USD
371708.000000
0.474682
Long
EP
CORP
US
N
2
N
N
N
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
BNP PARIBAS JR SUBORDINA 144A 12/99 VAR
05565AS20
969000.000000
PA
USD
1038637.190000
1.32637
Long
DBT
CORP
FR
N
2
2027-11-17
Floating
9.25
N
N
N
N
N
N
BANK OF AMERICA CORPORATION
9DJT3UXIJIZJI4WXO774
BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR
060505FL3
1218000.000000
NS
USD
1168951.140000
1.49279
Long
EP
CORP
US
N
2
N
N
N
N/A
N/A
US ULTRA BOND CBT MAR24 XCBT 20240319
000000000
55.000000
NC
USD
641894.120000
0.819718
N/A
DIR
US
N
2
CHICAGO BOARD OF TRADE
549300EX04Q2QBFQTQ27
Long
N/A
UNITED STATES GOVT
2024-03-19
7319296.880000
USD
641894.120000
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
CREDIT AGRICOLE SA JR SUBORDINA REGS 12/49 VAR
F22797RT7
1122000.000000
PA
USD
1123137.710000
1.43428
Long
DBT
CORP
FR
N
2
2024-01-23
Floating
7.875
N
N
N
N
N
N
N/A
N/A
CDX IG41 5Y ICE
000000000
1.000000
NC
USD
126491.170000
0.161533
N/A
DCR
US
N
2
INTERCONTINENTAL EXCHANGE
5493000F4ZO33MV32P92
N/A
CDX.NA.IG.41
Y
Single Leg Swap
2028-12-20
126406.920000
USD
0.000000
USD
6400000.000000
USD
84.250000
N
N
N
DISCOVER FINANCIAL SERVICES
Z1YLO2USPORE63VVUL20
DISCOVER FINANCIAL SVS JR SUBORDINA 12/99 VAR
254709AN8
1401000.000000
NS
USD
1134739.950000
1.4491
Long
EP
CORP
US
N
2
N
N
N
PNC FINANCIAL SERVICES GROUP INC
CFGNEKW0P8842LEUIA51
PNC FINANCIAL SERVICES JR SUBORDINA 12/49 VAR
693475AQ8
295000.000000
NS
USD
276249.800000
0.352779
Long
EP
CORP
US
N
2
N
N
N
N/A
N/A
SOLD EUR BOUGHT USD 20240109
000000000
1.000000
NC
-144.310000
-0.0001843
N/A
DFE
N/A
N
2
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
11000.000000
EUR
12001.940000
USD
2024-01-09
-144.310000
N
N
N
N/A
N/A
EURO-BUND FUTURE MAR24 XEUR 20240307
000000000
-2.000000
NC
-9153.870000
-0.0116898
N/A
DIR
DE
N
1
EUREX DEUTSCHLAND
529900UT4DG0LG5R9O07
Short
N/A
GERMANY GOVT
2024-03-07
-302968.080000
EUR
-9153.870000
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR
95002YAA1
2033000.000000
NS
USD
2132210.400000
2.7229
Long
EP
CORP
US
N
2
N
N
N
GENERAL MOTORS FINANCIAL COMPANY INC
5493008B6JBRUJ90QL97
GENERAL MOTORS FINL CO JR SUBORDINA 12/99 VAR
37045XDB9
720000.000000
NS
USD
665661.600000
0.85007
Long
EP
CORP
US
N
2
N
N
N
COBANK ACB (AKA: COBANK AB)
P0J8I7M2E0A77CKF1705
COBANK ACB JR SUBORDINA 12/99 VAR
19075QAE2
400000.000000
NS
USD
391896.000000
0.500463
Long
EP
CORP
US
N
2
N
N
N
ENTERPRISE PRODUCTS OPERATING LLC
5493004LGN656HWLDA30
ENTERPRISE PRODUCTS OPER COMPANY GUAR 08/77 VAR
29379VBM4
489000.000000
PA
USD
486788.550000
0.621644
Long
DBT
CORP
US
N
2
2077-08-16
Floating
8.63782
N
N
N
N
N
N
NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION
4NYF266XZC35SCTGX023
NATIONAL RURAL UTIL COOP SUBORDINATED 09/53 VAR
637432PB5
638000.000000
PA
USD
659163.740000
0.841772
Long
DBT
CORP
US
N
2
2053-09-15
Floating
7.125
N
N
N
N
N
N
CREDIT AGRICOLE SA
969500TJ5KRTCJQWXH05
CREDIT AGRICOLE SA JR SUBORDINA 144A 12/49 VAR
225313AJ4
200000.000000
PA
USD
204452.400000
0.261092
Long
DBT
CORP
FR
N
2
2025-12-23
Floating
8.125
N
N
N
N
N
N
TRUIST FINANCIAL CORPORATION
549300DRQQI75D2JP341
TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR
89832QAF6
1296000.000000
NS
USD
1183688.640000
1.51161
Long
EP
CORP
US
N
2
N
N
N
N/A
N/A
CDX HY41 5Y ICE
000000000
1.000000
NC
USD
113154.870000
0.144502
N/A
DCR
US
N
2
INTERCONTINENTAL EXCHANGE
5493000F4ZO33MV32P92
N/A
CDX.NA.HY.41
Y
Single Leg Swap
2028-12-20
110866.140000
USD
0.000000
USD
1881000.000000
USD
2288.730000
N
N
N
N/A
N/A
US 2YR NOTE (CBT) MAR24 XCBT 20240328
000000000
63.000000
NC
USD
101675.740000
0.129843
N/A
DIR
US
N
2
CHICAGO BOARD OF TRADE
549300EX04Q2QBFQTQ27
Long
N/A
UNITED STATES GOVT
2024-03-28
12970863.230000
USD
101675.740000
N
N
N
LIBERTY MUTUAL GROUP INC
QUR0DG15Z6FFGYCHH861
LIBERTY MUTUAL GROUP INC COMPANY GUAR REGS 05/59 VAR
ACI1C1YN0
1257000.000000
PA
1358559.070000
1.73492
Long
DBT
CORP
US
N
2
2059-05-23
Floating
3.625
N
N
N
N
N
N
HSBC HOLDINGS PLC
MLU0ZO3ML4LN2LL2TL39
HSBC HOLDINGS PLC JR SUBORDINA 12/49 VAR
404280AT6
300000.000000
PA
USD
296585.550000
0.378749
Long
DBT
CORP
GB
N
2
2025-03-30
Floating
6.375
N
N
N
N
Y
HSBC HOLDINGS PLC
HSBC HOLDINGS PLC
GBP
XXXX
N
N
N
SVENSKA HANDELSBANKEN AB
NHBDILHZTYCNBV5UYZ31
SVENSKA HANDELSBANKEN AB JR SUBORDINA REGS 12/99 VAR
ACI1RWFN7
400000.000000
PA
USD
330880.000000
0.422544
Long
DBT
CORP
SE
N
2
2031-03-01
Floating
4.75
N
N
N
N
Y
SVENSKA HANDELSBANKEN AB
SVENSKA HANDELSBANKEN-A SHS
SEK
XXXX
N
N
N
N/A
N/A
SOLD EUR BOUGHT USD 20240109
000000000
1.000000
NC
-269.640000
-0.0003443
N/A
DFE
N/A
N
2
MORGAN STANLEY & CO. INTERNATIONAL PLC
4PQUHN3JPFGFNF3BB653
11000.000000
EUR
11876.610000
USD
2024-01-09
-269.640000
N
N
N
DEUTSCHE BANK AKTIENGESELLSCHAFT
7LTWFZYICNSX8D621K86
DEUTSCHE BANK AG JR SUBORDINA REGS 05/49 VAR
ACI08HJS8
200000.000000
PA
USD
176690.050000
0.225638
Long
DBT
CORP
DE
N
2
2025-04-30
Floating
4.789
N
N
N
N
N
N
NATWEST GROUP PLC
2138005O9XJIJN4JPN90
NATWEST GROUP PLC JR SUBORDINA 12/99 VAR
639057AD0
1053000.000000
PA
USD
792829.710000
1.01247
Long
DBT
CORP
GB
N
2
2031-06-28
Floating
4.6
N
N
N
N
Y
NATWEST GROUP PLC
NATWEST GROUP PLC
GBP
XXXX
N
N
N
JP MORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR
48128BAG6
682000.000000
NS
USD
658382.340000
0.840774
Long
EP
CORP
US
N
2
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR
38144GAC5
1295000.000000
NS
USD
1214710.000000
1.55122
Long
EP
CORP
US
N
2
N
N
N
2024-02-21
PIMCO ETF Trust
/s/ Bijal Parikh
Bijal Parikh
Treasurer